Suncorp

Monday, 22 July 2019

Suncorp launches five-year domestic benchmark deal

On 23 July, Suncorp-Metway (Suncorp) (A+/A1/A+) launched a new five-year, Australian dollar denominated benchmark deal, offered in either or both fixed- and floating-rate formats. Indicative price guidance for the transaction, which is expected to price on day of launch, is 80 basis points area over swap benchmarks. ANZ, Commonwealth Bank of Australia, National Australia Bank and Westpac Institutional Bank are leading.

Monday, 29 April 2019

Suncorp launches benchmark April 2022 domestic FRN deal

On 30 April, Suncorp-Metway (Suncorp) (A+/A1/A+) launched a benchmark, April 2022, senior-unsecured, domestic floating-rate note (FRN) transaction. The forthcoming deal is expected to price on the day of launch and has indicative price guidance in the area of 74 basis points over three-month bank bills. ANZ, Commonwealth Bank of Australia, National Australia Bank and Westpac Institutional Bank are the joint bookrunners.

Monday, 29 April 2019

Suncorp announces potential three-year domestic FRN

On 29 April, Suncorp-Metway (Suncorp) (A+/A1/A+) revealed plans for a new, three-year, domestic floating-rate note (FRN) transaction. The deal is expected to launch as early as 30 April and is being marketed in the area of 74 basis points over three-month bank bills. ANZ, Commonwealth Bank of Australia, National Australia Bank and Westpac Institutional Bank have been appointed joint bookrunners.

Monday, 22 April 2019
Apr/May 2019 Supplement

Unwrapping the DCM Summit

Australian elections, markets and politics in Europe, bank funding, the evolution of the domestic corporate market and the future of deal execution were all on the agenda at the KangaNews Debt Capital Markets Summit 2019. Industry leaders shared their insights into all the key issues of the day.

Wednesday, 10 April 2019

Suncorp enhances Asian engagement in latest 144A/Reg S deal

Suncorp-Metway (Suncorp)’s first 144A/Reg S deal since November 2017 attracted a meaningful oversubscription and significant price tightening, despite competing for demand in a busy market. Furthermore, leads and issuer say the level of participation from Asian accounts was a positive.

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